As reported by Forbes, Kensho in Cambridge, MA has raised $50M in funding led by S&P Global with participation from Goldman Sachs, JPMorgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Citigroup and Wells Fargo, General Catalyst, and Breyer Capital. Kensho is a machine intelligence company that applies AI for real-world impact across government and commercial institutions around the world... READ MORE
EverQuote, Inc., the leading online insurance marketplace in the U.S., is pleased to announce the appointment of Mira Wilczek to its Board of Directors. Mira is the President and CEO of venture incubator Cogo Labs, which has spawned 15 companies. Mira brings an impressive background as a technologist, entrepreneur, and startup advisor.
As per BostInno, Goji in Boston has raised nearly $19M of a $30M equity and debt offering. Goji is an online auto insurance firm. Its previous backers include Spark Capital, Thayer Street Partners, and others... READ MORE
First Republic Bank (NYSE:FRC), today announced it has acquired Gradifi Inc., a Boston-based student loan repayment technology platform to assist the nation's 44 million student loan borrowers.
Clearsurance, a Newburyport, MA-based crowdsourced insurance industry review and rating platform, has launched with $2m seed funding.
The round was raised in August 2016.
The company is using the proceeds to launch and continue to develop the platform as well as to expand operations.
LifeYield, a transformative software company helping forward-thinking financial firms, advisors and investors make more and keep more money, has announced an investment in the firm by Vestigo Ventures, a Cambridge, MA-based venture fund that invests in cutting edge financial technology.
Quantopian announced today that it has raised $25 million in a Series C financing round led by the venture capital firm Andreessen Horowitz.
Hamilton Lane, a leading private markets asset management firm, today announced an investment in and strategic partnership with Bison (Boston Illiquid Securities Offering Network, Inc.), a company focused on creating innovative analytical systems for the private markets industry. This investment represents a significant and continued commitment from Hamilton Lane to support breakthrough technologies, enhanced data transparency and more robust analytics for the private markets.
LBRY, a community-controlled content marketplace, today announced a $500K fundraising round. The round is led by Pillar, a Boston-based venture capital firm that focuses on transformative technologies. The company will use this capital primarily to expand its staff and fund development toward a full public release of its consumer app. LBRY’s ultimate goal is for users to have access to every film, song, book, and app ever made – on any device.
As per Circle's blog post:
Today, we announced two related milestones: a $60M strategic financing from a syndicate of major Chinese strategic investors; and the formation of Circle China, a new Beijing-based company focused on bringing the benefit of open, global, blockchain-powered social payments to Chinese consumers. We want to connect consumers using dollars, pounds, euro and renminbi the same way that the web, email and other protocols have connected consumers globally.